Recently appraised at $5.2 million, 23 Nalu Place is a rare beachfront sanctuary at the very end of Paia Bay, offering direct sand access, sweeping ocean views, and exceptional privacy just steps from the cafés, boutiques, and restaurants of Paia Town. Gated and discreet, the property is framed by lush tropical landscaping and a majestic century old banyan tree, creating a secluded retreat where beachfront living meets everyday convenience. Set on an expansive oceanfront lot, the architecturally distinctive residence is designed for seamless indoor outdoor living with open beam ceilings, bamboo hardwood and travertine flooring, and custom sliding glass doors that invite ocean breezes and natural light. The chef’s kitchen features granite countertops, designer lighting, and a Viking gas range, opening to a covered lanai with a 75 inch outdoor television, grill station, hot tub, and dining area just steps from the shoreline. The primary suite offers ocean views and the calming sound of waves. R-1 zoning and the oversized lot provide potential to add a guest cottage, enhancing the property as a private compound or long term investment. A gated driveway adds privacy and security. Whether acquired individually or as part of a prestigious 10-property hospitality portfolio spanning Paia and collectively appraised near $74 million, this exceptional offering delivers lifestyle and value. Sale subject to bankruptcy court approval.
